Challenger claiming victory. Translator i can lead and try to govern the victory by accepting the electoral results. Translator its a regression of rights and liberties have failed today u. S. Energy secretary Janet Granholm called for greater oil output as she tells cnbc, there is a volatile environment in energy markets. A lot of emotion in these markets and so we have deep concern about trajectories of where things are headed. Reporter and the wildfires prompt europe carriers to have the biggest Mass Evacuation of the country in history good morning again, everybody. Welcome to street signs. We have such a busy week coming up but also a very busy start to the day as well, namely because were getting a lot of flash pmi data out of the eurozone countries. We have the flash composite number out of the eurozone let me bring that to you it has come in at 48. 9 that is lower than where we were back in june so a little bit of a contraction versus where we were just in the prior months lowe
Look outside the usual suspects in the equity market why Morgan Stanley says Southeast Asia is the place to be. Later in the show. Record Box Office Weekend as barbenheimer exceeds all expectations monday, july 24th, 2023, youre watching Worldwide Exchange right here on cnbc monday morning welcome to Worldwide Exchange. Im frank holland. Thank you for starting your day with us. Lets kick off with the dow riding a 10day win streak thats the longest since 2017. Taking a look at futures in the green across the board the dow would open up 50 points higher as we always say, this is early. This is a busy week for wall street 40 of the dow, 30 of the s p 500 set to report. Were talking names like boeing, meta and microsoft we get a trifecta of Central Bank Decisions with the fed kicking off things wednesday before the ecb and bank of japan. They make their own decisions on rates. One week away from what could be the costliest labor strike in at least 100 years with ups and the teamster negoti
Challenger claiming victory. Translator i can lead and try to govern the victory by accepting the electoral results. Translator its a regression of rights and liberties have failed today u. S. Energy secretary Janet Granholm called for greater oil output as she tells cnbc, there is a volatile environment in energy markets. A lot of emotion in these markets and so we have deep concern about trajectories of where things are headed. Reporter and the wildfires prompt europe carriers to have the biggest Mass Evacuation of the country in history good morning again, everybody. Welcome to street signs. We have such a busy week coming up but also a very busy start to the day as well, namely because were getting a lot of flash pmi data out of the eurozone countries. We have the flash composite number out of the eurozone let me bring that to you it has come in at 48. 9 that is lower than where we were back in june so a little bit of a contraction versus where we were just in the prior months lowe
Crisis after a noon sunday deadline passed for submitting final bids to take over the struggling lender. The fdic had asked several banks including jp morgan and others to submit offers. We are told bank of america decided against bidding. Regulators can seize First Republic and take ownership. Indias top Capital Markets regulator is seeking six more months for the hindenburg allegations against adani enterprises. They are filing a status report on tuesday and want more time for verifying information from listed adani companies. Adani says it welcomes the investigation and is fully cooperating. The alibaba founder jack ma will lecture at Tokyo University in may of this year. His research will be in the field of Sustainable Agriculture and food production. He began his career as a schoolteacher and all but disappeared of from public life after critiquing chinese regulators in his 2022 speech in shanghai. Chinese Consumer Spending rose on saturday with the Holiday Travel rising. The rail
Welcome to daybreak asia, to you live from new york, sydney, and cutting down to the major market opens in asia. The top stories issue sops up ahead of the u. S. Holiday, traders looking at jobs reports and putting bets that the fed is near the end of the tightening cycle. Country garden said to have made a payment on a bond with a separate you on no. And softbank lining up biggest customers as Strategic Investors for their multibilliondollar chipmaker ipo. We are seeing some Downside Pressure today, but muted after the s p 500 saw its best week since june. We are in the Labor Day Holiday weekend in the u. S. , heading towards thin trading. What akin to friday it was interesting because u. S. Stocks rose but they faded after an initial rally as bond yields started climbing. We have a Strong Manufacturing number offsetting that optimism from the jobs data which showed more than of a controlled cooling which could perhaps lead to the fed pausing on its tightening again in september. We a